Cryptocurrency

1884 items in section

PowerCompute Refinances $18M Debt Using Bitcoin Collateral

PowerCompute has consolidated $18 million in outstanding debt into a new Bitcoin-backed credit facility, leveraging 307 BTC to secure more favorable lending terms. The deal replaces three existing loans and drops the company's annual interest rate to approximately 2%, freeing up capital without forcing a liquidation of its treasury.

Coinbase Expands UK Platform to Include U.S. Equities Trading

Eligible UK users can now trade nearly 4,000 U.S. stocks directly through Coinbase, marking a significant step in the exchange’s strategy to consolidate traditional financial assets and digital currencies into a single, around-the-clock application.

Real-World Asset Deposits Triple to $7.4B as DeFi Markets Contract

While the broader decentralized finance sector struggled with a 15% decline in deposits during the second quarter of 2026, tokenized real-world assets bucked the trend. According to a report by CoinShares, deposits in these instruments surged to $7.4 billion, more than tripling from the $2.3 billion recorded just one year prior.

StrongBlock Drained of $72K After Abandoned Governance Hijack

An attacker seized control of StrongBlock’s dormant governance system to siphon $72,000 in tokens, proving that abandoned protocols remain vulnerable to hostile takeovers. By accumulating a majority of the nearly worthless STRONG governance tokens, the perpetrator forced through a malicious proposal that granted them full administrative authority over the contract.

Block Expands Bitcoin Treasury to 9,117 BTC Following S&P 500 Entry

Jack Dorsey’s fintech firm Block Inc. has bolstered its corporate treasury with an additional 85 Bitcoin, bringing its total holdings to 9,117 BTC. This incremental acquisition secures the company’s 15th-place ranking among publicly traded corporate Bitcoin holders, further cementing its commitment to the asset following its recent induction into the S&P 500.

JPYC Secures $38 Million to Drive Japanese Stablecoin Adoption

Logistics giant AZ-COM Maruwa Holdings has injected 1 billion yen into JPYC, bringing the stablecoin issuer’s total Series B funding to 6 billion yen. The move signals a shift for the blockchain firm as it moves beyond crypto-native use cases toward real-world commercial settlements for Japan’s corporate sector.

Guangdong targets cross-border digital yuan expansion

Guangdong is positioning its free trade zone as a hub for financial innovation, proposing an expansion of digital yuan pilots and cross-border payment systems. The draft development plan for 2026–2030, released by the provincial Department of Commerce, aims to integrate offshore finance and advanced settlement infrastructure into the region’s economic framework.

EU Regulators Warn of Impersonation Scams Following MiCA Rollout

Criminals are exploiting the European Union’s new crypto licensing landscape by posing as financial watchdogs and authorized firms. As the MiCA transition forces thousands of users to migrate assets to compliant platforms, fraudsters are leveraging forged documents and fake websites to intercept funds from unsuspecting investors.

Uniswap enters memecoin market with Pools.trade on Robinhood Chain

Uniswap Labs has expanded its ecosystem by launching Pools.trade on the Robinhood Chain, a platform designed for the rapid creation and trading of memecoins. By integrating directly with Uniswap v4, the service locks liquidity permanently, aiming to mitigate common risks associated with rug-pulls and developer withdrawals in the volatile token market.

Russia Sets Regulatory Framework for Cryptocurrency Trading

President Vladimir Putin has signed legislation establishing a regulated path for retail and qualified investors to trade cryptocurrencies through licensed intermediaries. While the law brings digital assets under formal oversight starting September 2026, it maintains a strict prohibition on using cryptocurrency as a legal tender for domestic payments.

Upbit expands CAP token access with triple-market launch

South Korean exchange Upbit opened trading for the CAP token on August 6, launching pairs across its Korean won, Bitcoin, and Tether markets. The move follows a June listing on Bithumb, marking a significant expansion for the credit platform’s governance token within the South Korean digital asset ecosystem.

Move Creator Sam Blackshear Leaves Mysten Labs for Anthropic

Sam Blackshear, the cofounder and CTO of Mysten Labs, is stepping down to join Anthropic, where he will focus on defensive security research. The move marks a pivot for the creator of the Move programming language as he looks to address the shifting balance of power between cybersecurity attackers and defenders.

GSR Shifts Portfolio Toward Bitcoin as Solana Slumps

A 40.21% year-to-date slide for Solana has prompted a strategic pivot within GSR’s Core3 model portfolio. As market volatility cools and trading activity stagnates, the firm has aggressively reallocated capital, slashing its Ether exposure to bolster its Bitcoin holdings in search of more stable forward-looking opportunities.

Circle Extends Coinbase Partnership, Prioritizes Reinvestment Over Dividends

Circle Internet Group has secured a three-year extension of its strategic USDC agreement with Coinbase, locking in the existing commercial terms through 2029. Alongside this operational continuity, the company signaled a clear growth-oriented fiscal strategy by rejecting calls for quarterly shareholder dividends in favor of aggressive capital reinvestment.

Coldcard Theft Update: Large Stash Remains Still as Mixing Begins

While the primary perpetrator behind the Coldcard wallet exploit sits on a massive 1,159 BTC fortune, a secondary attacker has begun routing stolen assets through a mixer. On-chain investigators continue to monitor the stagnant funds, which remain flagged across exchanges and law enforcement databases to prevent liquidation.

Lido DAO Price Bounces as NEST Governance Vote Commences

Lido DAO’s LDO token climbed 5.2% on Thursday, reaching $0.293 after an intraday dip to $0.275. The recovery follows the launch of an on-chain vote for the NEST automated buyback system, though market sentiment remains constrained by debates surrounding potential changes to Ethereum’s staking issuance rewards.

Pi Network Gains 10% as Protocol 26 Deadline Approaches

Pi Network (PI) tokens surged over 10% this week, trading near $0.0872 as increased volume and new integration news bolstered market sentiment. The asset is currently testing a critical $0.09 resistance level, a hurdle that has repeatedly capped recovery attempts since late July.

Lummis Pushes for Pre-Recess CLARITY Act Vote

With the Senate calendar shrinking before the August recess, Senator Cynthia Lummis is ramping up pressure to force a floor vote on the CLARITY Act. Despite nearly a year of bipartisan negotiation, the legislation still lacks the confirmed cloture filing necessary to guarantee its arrival on the Senate floor.

Coinbase Trims Trading Pairs Amid Market Consolidation

Coinbase will terminate six cryptocurrency trading pairs on August 6, following a periodic assessment of market health. The exchange transitioned five of these markets into limit-only status as part of an effort to concentrate liquidity and improve order book conditions for its institutional and advanced trading platforms.

Strategy to Fund Employee 'Trump Accounts' for Children

Strategy is expanding its corporate benefits by committing $250 in annual contributions to Trump Accounts for the children of its U.S. employees. The initiative, announced during the company’s quarterly meeting, aims to bolster long-term financial savings for families while aligning with the broader federal push for child investment accounts.

Senate stalls CLARITY Act as bipartisan negotiations hit impasse

Senate Majority Leader John Thune bypassed the CLARITY Act in his latest round of cloture filings, signaling that bipartisan talks over the crypto market structure bill remain deadlocked. By prioritizing spending and sports legislation instead, leadership has narrowed the procedural window for the bill before the upcoming August recess.

Kashkari Pushes for Fed Rate Hikes Amid Rising Inflation Risks

Minneapolis Fed President Neel Kashkari is calling for a gradual increase in interest rates, citing persistent inflation and geopolitical instability in the Strait of Hormuz. As markets weigh the potential for a shift in monetary policy, Polymarket traders now assign a 46% probability to a rate hike this September.

BNB Targets $610 as Bullish Momentum Builds

BNB is testing critical resistance near $600 following a breakout from its July trading range. With derivatives activity surging and the token reclaiming key moving averages, market participants are now eyeing a potential push toward $610, contingent on clearing immediate supply clusters.

Pentagon Nuclear Strategy Shifts Focus Amid Rising Global Tensions

As the Pentagon drafts a classified nuclear framework prioritizing tactical weapons for potential regional conflicts with China or Russia, analysts are scrutinizing the intersection of national security and decentralized infrastructure. This emerging strategy seeks to move beyond traditional long-range deterrence, exploring limited options for the president during high-stakes geopolitical crises.

SpaceX Shares Slide 11% as AI Spending Surge Drowns Out Revenue Beat

SpaceX stock tumbled 11% on Wednesday as a massive $15.8 billion investment in AI infrastructure overshadowed the company’s strong second-quarter performance. While quarterly revenue reached $7.8 billion, beating Wall Street estimates of $6.8 billion, investors reacted sharply to the aggressive capital expenditure and the prospect of a significant share unlock.

Circle Shares Slip as Revenue Miss Eclipses Earnings Beat

A 7% pre-market rally for Circle Internet Group evaporated on Thursday as investors pivoted from a narrow earnings beat to the company’s revenue shortfall. Shares ended the session down 3%, struggling to maintain footing near a critical support level of $58.04 amid intensifying concerns over shrinking transaction volumes.

ZIGChain partners with Nomura's Laser Digital for institutional DeFi

Laser Digital, the digital asset subsidiary of Nomura Group, has announced a strategic investment in ZIGChain to bolster institutional-grade onchain finance. The partnership aims to bridge the gap between emerging-market credit opportunities and global institutional risk standards, with a target of $100 million in total value locked.

Ondo Finance Taps Blockchain.com Alum to Lead Financial Operations

Adam Schlisman, the former chief financial officer of Blockchain.com, has joined Ondo Finance to spearhead the company’s financial strategy. His appointment marks a strategic shift for the tokenized-asset platform, which is currently pivoting from early-stage development toward institutional-scale operations in global capital markets.

Senate inaction pushes CLARITY Act timeline into 2027

Prediction markets have recalibrated their outlook for the CLARITY Act, signaling that the bill is unlikely to clear the Senate before the August recess. As Majority Leader John Thune declined to file a cloture motion this week, traders shifted their expectations for the legislation’s passage further into 2027.